Last week Nick Clegg was 8/1 to be replaced as Liberal Democrat leader before the next election. Yesterday morning that was 5/1 – by last night he was just 5/2 to get the boot.
We saw some money for Tim Farron to be, who is now 7/4 favourite. A few shrewdies are on at 10/1, which was the price immediately after the 2010 general election. But Clegg going now might not be a good thing for his leadership chances; it increases the prospect of a more short term appointment, notably Cable. I also noted a couple of interesting bets for Steve Webb who is now 16/1 from 20/1.
Here’s where the money has gone since we started betting on Clegg’s successor in May 2010.